Business Blog

The United Arab Emirates' flydubai has mandated CACIB, Dubai Islamic Bank, Emirates NBD, HSBC, NBAD, Noor Bank and Standard Chartered to arrange a series of fixed incoming investor meetings for a potential dollar-denominated benchmark sukuk.

Hellmann's mayonnaise maker Unilever is suing a Californian business for selling a vegan alternative of the condiment, called 'Just Mayo'.

Dubai Aviation Corp has chosen banks to arrange meetings with investors starting Thursday ahead of a potential issue of benchmark dollar sukuk, a document from lead managers said.

Dubai Aviation Corp has chosen banks to arrange meetings with investors starting Thursday ahead of a potential issue of benchmark dollar sukuk, a document from lead managers said.

ISTANBUL, Nov 11 (Reuters) - Bank Asya&aposs net loss in the third quarter was due to higher loan provisions as it sought to increase its asset quality, and the Islamic lender&aposs operations are continuing "healthily," the Turkish bank said in a statement on Tuesday.Bank Asya fell to a 301 million lira ($133 million) net loss in the third quarter from a 60 million lira profit a year earlier as i

* European shares lifted by upbeat updates* Sales tax delay talk push Japanese shares to 7-year high* Dollar hits seven-year high versus yen* Brent crude hits four-year lowBy Nigel StephensonLONDON, Nov 11 (Reuters) - European stocks rose on Tuesday, with investors in bullish mood after Wall Street notched up a fourth straight record close and Tokyo&aposs Nikkei hit a seven-year high on talk that